Keyword
Uber
Facebook a ‘critical part’ of financial service providers’ marketing strategy: CSIO speaker
April 17, 2017 Greg Meckbach, Associate EditorInsurance providers need to consider mobile computing devices and targetting prospective customers at certain stages of their life, a Facebook Canada official recently told members of the Centre for Study of Insurance Operations. “Think mobile first,” said Robert Geller, a…
Satisfying unmet customer needs key to helping prevent disruption: CIP Symposium speaker
April 7, 2017 Jason Contant, Online EditorIf the insurance industry doesn’t start meeting unmet customer needs and responding to trends like the sharing economy, new entrants will likely continue to disrupt the industry, attendees to the CIP Society Symposium 2017 heard on Thursday. “The big risk…
Uber resumes self-driving car program after brief suspension
March 27, 2017 The Associated PressNEW YORK – Uber says it is resuming its self-driving car program in Arizona and Pittsburgh after it was suspended following a crash over the weekend. The company had also grounded self-driving cars in San Francisco over the weekend but…
Uber self-driving cars are coming back to California roads
March 10, 2017 The Associated PressSACRAMENTO, Calif. – Uber’s self-driving cars will return to California’s streets, though the ride-hailing company doesn’t immediately plan to pick up passengers. Uber received a permit Wednesday to test two Volvo SUVs on public roads, the California Department of Motor…
Panelists warn of risks from room rentals through sharing economy
March 7, 2017 Greg Meckbach, Associate EditorProperty owners who want to rent their places to travellers using the “sharing economy” need special insurance coverage and one large risk is when they prepare food for customers, speakers suggested Tuesday at an event hosted by Allianz Global Assistance.…
Ford investing US$1 billion over five years in AI company to develop virtual driver system
February 13, 2017 by Canadian UnderwriterFord Motor Company has announced it is investing US$1 billion during the next five years in Argo AI, an artificial intelligence company, to develop a virtual driver system for the automaker’s autonomous vehicle coming in 2021 – and for potential…
Legalization of marijuana calls for ‘more thorough’ risk assessment from brokers: OIAA speaker
January 31, 2017 Greg Meckbach, Associate EditorThe legalization of marijuana for medicinal purposes is “creating a challenge” for claims adjusters and brokers alike, with a need for customized insurance policies for producers and for updating lease agreements, a speaker suggested at a conference Tuesday. “Possession of…
Soft and hard disruptors will vastly transform Canadian collision industry in next 10 years: CCIF speaker
January 27, 2017 Jason Contant, Online EditorThe Canadian collision industry will be “ripped apart beyond belief” in a decade by several disruptors, including connected autonomous vehicles and ridesharing, a speaker suggested Friday at the Canadian Collision Industry Forum (CCIF) meeting in Vaughan, Ont. Andrew King, managing…
Quebec judge authorizes taxi industry-led class action against Uber
January 25, 2017 The Canadian PressMONTREAL – Taxi companies and drivers across Quebec are claiming a first victory in their battle against Uber after a judge on Monday authorized their class action against the ride-hailing company. The taxi industry is seeking “hundreds of millions” against…
Rule-making authority essential for Ontario’s new FSRA: Cooke
January 20, 2017 by Angela StelmakowichEquipping Ontario’s new Financial Services Regulatory Authority (FSRA) with rule-making authority is critically important to ensuring its effectiveness as an independent, flexible and consumer-focused regulator of financial services and pensions, argues George Cooke, chair of the Board of Directors of…
Carpooling apps could reduce traffic 75% in New York City and help with pollution, energy usage: MIT study
January 6, 2017 by Canadian UnderwriterUsing carpooling options from companies like Uber and Lyft could reduce the number of vehicles on the road in the New York City by a factor of three without significantly impacting travel time, according to a new study from the…
Uber pulls self-driving cars from California roads
December 22, 2016 Sudhin Thanawala - THE ASSOCIATED PRESSSAN FRANCISCO – Uber pulled its self-driving cars from California roads after state regulators moved to revoke their registrations, officials said Wednesday. The move comes after a week of talks between the ride-hailing company and state regulators failed. Hours after…